SK Telecom Co Ltd ADR

SKM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SK Telecom Earnings: Becoming an Anthropic Proxy; Fair Value Up 28% to USD 44.70

Dan Baker

May 7, 2026

SK Telecom's first-quarter revenue was down 1.4%, with operating income down 5.3%, and the company declared a KRW 830 dividend after skipping the previous two quarters. Note that the large increase in the value of its stake in Anthropic is outweighing anything happening in the telecom business.

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SK Telecom Co Ltd ADR

SK Telecom Earnings: Becoming an Anthropic Proxy; Fair Value Up 28% to USD 44.70

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